345 N 15th StManhattanKS66502
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Manhattan at 345 N 15th St, Manhattan, KS, 66502 earns $446/mo cash flow from $1,740/mo rent with a $952/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $5,352/yr on $64,477 capital. ROI tracks 28.21% on current figures, and rental yield reads 10.74% at a $194,500 purchase. Equity gained on principal adds $1,255/yr, and 5% annual appreciation supports $53,737 over five years. Five-year ROI reaches 147.96% and total cumulative return in cash sums $95,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66502, Manhattan, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,707 (100%) |
| Owner Occupied HU | 7,912 (36.4%) |
| Renter Occupied HU | 11,060 (51.0%) |
| Vacant Housing Units | 2,735 (12.6%) |
| Median Home Value | $233,725 |
| Average Home Value | $253,496 |
Housing Distribution
Address Breakdown
Residential
19,895
Single Family
15,511
Multi-Family
4,384
Businesses
1,625
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